- Current Price (Oct 23, 2025): Around $345, up about 1.5% for the daymarketbeat.com. Broadcom’s stock has surged roughly 50–70% in 2025 on booming demand for AI chips1 .
- Key Deals: On Oct. 13, Broadcom and OpenAI announced a 10‑gigawatt AI chip collaboration (worth an estimated $10B+) to build custom accelerators, sending AVGO up nearly 10%ts2.techmarketbeat.com. On Oct. 14, Broadcom unveiled “Thor Ultra,” an 800G Ethernet networking chip for AI data centersts2.tech2 .
- Earnings & Guidance: In early Sept (Q3 FY2025), Broadcom reported $15.95B revenue (+22% YoY) and $1.69 EPSts2.tech, both above consensus. CEO Hock Tan said AI-related sales grew 63% to $5.2B in Q3ts2.tech. Management boosted Q4 revenue guidance to about $17.4B (up ~24% YoY) due to “strong and accelerating” AI demandts2.tech3 .
- Analyst Sentiment: Wall Street is overwhelmingly bullish. Nearly 90% of analysts rate AVGO a Buy/Overweightts2.tech. JPMorgan raised its target to $400 and Piper Sandler to $375ts2.tech. Macquarie initiated at $420ts2.tech. The MarketBeat consensus target is about $372 (≈7% upside)marketbeat.com. Some bulls see far higher: KeyCorp and Barclays now eye $460–450 (30%+ upside)marketbeat.com, calling Broadcom the “king of AI custom chips”ts2.tech. By contrast, the most bearish recent target is just $345 (Wells Fargo)marketbeat.com, implying only ~1% downside.
- Expert Quotes: TS2.Tech notes Broadcom has been “riding the twin waves of AI chip euphoria and strategic acquisitions,” fueling its 70%+ rallyts2.tech. OpenAI’s Sam Altman commented that “partnering with Broadcom is a critical step in building the infrastructure needed to unlock AI’s potential”ts2.tech. On the cautious side, Bernstein’s Stacy Rasgon warned post-earnings that Broadcom’s “expectations were already high,” given its premium valuation4 .
- Industry Context: The broader semiconductor and AI sectors are booming. The Philadelphia Semiconductor Index hit fresh highs on the AI wavets2.tech. Broadcom’s $1.6 trillion market cap makes it one of tech’s giants, behind only Nvidia ($2–3T)ts2.tech. Unlike pure chipmakers, Broadcom also has a growing software business (VMware) contributing ~42% of revenuets2.tech, giving it steady cash flow. The company pays a dividend (~0.7% yield) and generated record free cash flow ($7.0B in Q3)ts2.tech5 .
- Risks & Outlook: Despite the bullish run, risks remain. AVGO’s forward P/E (~50×) far exceeds industry averagests2.tech, meaning even a small earnings miss could spark a pullback. Geopolitical jitters (recent U.S.-China tech tensions) and a CISPE antitrust complaint in Europe over the VMware acquisition keep investor nerves on edgesiliconangle.comsiliconangle.com. Technical indicators were overbought in mid-Oct, so some analysts view the recent pullback as healthy consolidationts2.techts2.tech. Most agree that Broadcom’s future hinges on delivering on its AI promises.
In sum, Broadcom’s story is clear: a blockbuster AI partnership (OpenAI) and new AI product launches have turbocharged expectations. Wall Street’s upgraded price targets reflect this, with many analysts now modeling Broadcom as a major AI infrastructure winnerts2.techmarketbeat.com. As TS2.Tech puts it, Broadcom’s perceived central role in the AI boom has led to “outsized returns”ts2.tech. General investors should note the optimism – but also the sky-high bar. Even with consensus targets around $370–380, many eyes are on whether Broadcom can keep exceeding lofty growth forecasts.
Sources: Contemporary financial news and analysis from Reuters, MarketBeat, TS2.Tech and other credible mediats2.techmarketbeat.comreuters.comsiliconangle.com. These highlight Broadcom’s latest AI deals, earnings, and analyst commentary (including TS2.Tech insights) as of Oct. 23, 2025.
